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Small and Medium Sized Co-operative Development Bill

A Bill to remove the requirement for small co-operative societies to appoint lay auditors; to increase the threshold for co-operative societies to disapply the full audit requirement to the same level as PLCs; to require auditors to report contingent on a threshold of share capital instead of turnover or on a special resolution at a general meeting; and for connected purposes.

Status: In Progress

Current House: Commons

Stage: 1st reading

Sponsored by: Mr Adrian Bailey

Introduced: 2016-11-08